Three ASX Growth Companies With High Insider Ownership And Up To 30% Earnings Growth

The Australian market has shown robust performance, climbing 1.7% in the last week and 9.2% over the past year, with earnings projected to grow by 13% annually. In such a thriving environment, growth companies with high insider ownership can be particularly compelling, as this often signals confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In Australia

Name	Insider Ownership	Earnings Growth
Cettire (ASX:CTT)	28.7%	26.7%
Acrux (ASX:ACR)	14.6%	115.3%
Clinuvel Pharmaceuticals (ASX:CUV)	13.6%	26.7%
Catalyst Metals (ASX:CYL)	17.1%	77.1%
Liontown Resources (ASX:LTR)	16.4%	59.4%
Ora Banda Mining (ASX:OBM)	10.2%	96.2%
Biome Australia (ASX:BIO)	34.5%	114.4%
Plenti Group (ASX:PLT)	12.8%	106.4%
Hillgrove Resources (ASX:HGO)	10.4%	109.4%
Change Financial (ASX:CCA)	26.6%	76.4%

Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

Flight Centre Travel Group (ASX:FLT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Flight Centre Travel Group Limited operates as a travel retailer serving both leisure and corporate sectors across regions including Australia, New Zealand, the Americas, Europe, the Middle East, Africa, and Asia with a market cap of approximately A$4.96 billion.

Operations: The company generates A$1.28 billion from its leisure segment and A$1.06 billion from corporate travel services.

Insider Ownership: 13.3%

Earnings Growth Forecast: 18.8% p.a.

Flight Centre Travel Group, a notable entity in the Australian travel sector, recently turned profitable and is trading at A$27.6% below its estimated fair value. While its revenue growth of 9.7% per year is modest compared to high-growth benchmarks, it outpaces the broader Australian market's 5.3%. Earnings are expected to increase by 18.8% annually, surpassing the market forecast of 12.9%. Additionally, Flight Centre's return on equity is projected to reach an impressive 21.9% in three years.

• Dive into the specifics of Flight Centre Travel Group here with our thorough growth forecast report.
• Our comprehensive valuation report raises the possibility that Flight Centre Travel Group is priced lower than what may be justified by its financials.

Mineral Resources (ASX:MIN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Mineral Resources Limited is a diversified mining services company operating across Australia, Asia, and globally, with a market capitalization of approximately A$11.28 billion.

Operations: The company generates revenue from three primary segments: lithium (A$1.60 billion), iron ore (A$2.50 billion), and mining services (A$2.82 billion).

Insider Ownership: 11.6%

Earnings Growth Forecast: 30.9% p.a.

Mineral Resources Limited is positioned for robust growth with expected earnings increasing at a rate of 30.89% annually, significantly outpacing the Australian market's forecast of 12.9%. Despite a dip in profit margins from 16.3% to 7.9%, the company's revenue growth remains strong at 12.1% per year, and it trades at A$40.5% below its estimated fair value. Challenges include poor coverage of interest payments by earnings, but high non-cash earnings and a projected return on equity of 25.5% suggest potential resilience.

• Take a closer look at Mineral Resources' potential here in our earnings growth report.
• Upon reviewing our latest valuation report, Mineral Resources' share price might be too optimistic.

Technology One (ASX:TNE)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Technology One Limited is an enterprise software solutions provider operating both in Australia and internationally, with a market cap of approximately A$6.19 billion.

Operations: The company generates revenue through three primary segments: software sales contributing A$317.24 million, corporate services at A$83.83 million, and consulting services totaling A$68.13 million.

Insider Ownership: 12.3%

Earnings Growth Forecast: 14.4% p.a.

Technology One, an Australian software company, demonstrates a solid growth trajectory with its earnings expected to grow by 14.4% annually, surpassing the broader Australian market's forecast of 12.9%. This growth is supported by revenue projections increasing at 11.1% per year, also outpacing the national average of 5.3%. Despite a high price-to-earnings ratio of 56.4x compared to the industry average of 61.7x, the firm benefits from robust insider ownership and strategic board appointments aimed at enhancing its SaaS capabilities globally.

• Click here and access our complete growth analysis report to understand the dynamics of Technology One.
• The analysis detailed in our Technology One valuation report hints at an inflated share price compared to its estimated value.

Next Steps

• Click through to start exploring the rest of the 88 Fast Growing ASX Companies With High Insider Ownership now.
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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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